Daily Debrief: What Happened Today (May 3)

Stories you might have missed

Singapore retail sales up 2.7% in March, extending growth

SINGAPORE’S retail sales grew 2.7 per cent year on year in March, extending the previous month’s 8.6 per cent growth, according to data released by the Department of Statistics (SingStat) on Friday (May 3).

H2G Green chief to stand trial on Aug 5 amid MOM probe

H2G Green’s chief executive officer Lim Shao-Lin will be facing trial at the State Courts on Aug 5, 2024, after being charged on Oct 31, 2023.

HSBC appoints ex-Citi banker as new Singapore head of global banking

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HSBC has appointed Gilbert Ng, former head of corporate banking at Citigroup, as its new head of global banking for Singapore. The appointment was effective from Thursday.

Singapore and Canada to enhance science and technology cooperation

SINGAPORE and Canada have agreed to enhance bilateral cooperation in science, technology and innovation, the two countries said in a joint statement on Thursday.

Dasin Retail Trust’s trustee-manager chairman, directors deny allegations of misconduct

THREE directors of Dasin Retail Trust’s trustee-manager, including the chairman of the board, denied allegations of misconduct made by Zhang Zhencheng, a non-executive director and shareholder of the trustee-manager as well as a substantial unitholder of the trust.

Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income

KEPPEL Infrastructure Trust’s distributable income for the first quarter ended Mar 31 fell 29.1 per cent to S$50.9 million, from S$71.8 million a year ago.

Singapore stocks end week in red; STI down 0.1%

SINGAPORE stocks ended the week in the red on Friday, ahead of key labour market data from the United States.